Marketing & Statistics

Chief Financial Officer (CFO) and State Fire Marshal Jimmy Patronis is reminding Floridians to take steps to prevent a fire during the holidays. According to the National Fire Protection Association, an annual average of 200 home structure fires start with a Christmas tree resulting in an average of six deaths, 16 injuries and nearly $15 million in damages. In addition, 58 percent of Christmas tree fires occur in January and February when a tree is often neglected and becomes dry.

Hurricane Irma helped drive Orlando’s home sales down by nearly 20 percent in September compared to September of last year, reports the Orlando Regional REALTOR® Association. In addition, sales decreased by almost 30 percent when compared to last month.

Colombia continues to be the top foreign country searching for South Florida real estate on the MIAMI Association of REALTORS® (MIAMI) website, according to new statistics from the nation’s largest local Realtor group. Colombia registered 10.2 percent of all international searches on MIAMI’s portal, www.MiamiRealtors.com, in July 2017.

The median price of Orlando homes sold during the month of August increased nearly 10 percent while sales increased almost 3 percent compared to August 2016, report the Orlando Regional REALTOR® Association. Inventor continued its year-over-year slide and dropped about 16 percent

Mass destruction caused by Hurricane Harvey and floodwaters in Texas and Louisiana. Severe flooding due to heavy rains in Southwest Florida. The devastating aftermath on people’s lives and livelihoods is a shocking reminder of what can happen when disaster strikes – and the critical need for the National Flood Insurance Program (NFIP).

The Orlando Regional REALTOR® Association is pleased to announce 2017 class of ORRA Young Professionals Network 20 Under 40 Rising Stars In Real Estate Awards recipients. These notable young REALTORS® were selected by the ORRA Awards Committee for their demonstrated excellence in career and service to both community and the real estate industry.

The Miami Association of Realtors® (MIAMI) has signed an agreement with the real estate technology firm MLS Offers to make MLS Offers’ patented offer submission and negotiation platform available as a member benefit to their 46,000+ members through an integration into their Matrix MLS software.

Miami existing condominium sales increased for the second time in three months and $1-million-and-up luxury transactions surged for all properties in July, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.

Just like the weather, Florida’s housing market was hot in July with more closed sales, higher median prices, increased pending sales and more new listings, according to the latest housing data released by Florida Realtors®. Sales of single-family homes statewide totaled 24,546 last month, up 2 percent compared to July 2016.

The MIAMI Association of REALTORS® (MIAMI) will again promote South Florida’s lifestyle and real estate market at Colombia’s largest property showcase, El XII Gran Salón Inmobiliario – Feria Internacional, on Aug. 24-27 in Bogotá, Colombia. MIAMI will make a South Florida market presentation at the 12th annual expo, which is expected to attract 30,000 visitors and 200 exhibitors

The median price of Orlando homes sold during the month of July increased almost 7 percent while sales decreased 0.2 percent compared to July 2016, reports the Orlando Regional REALTOR® Association. Inventory continued its year-over-year slide.

Miami’s single-family home market continued its strong selling pace by registering its second-most June transactions in history, and the $1 million-plus luxury sales segment rose for both single-family homes and condominiums, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.

The median price of Orlando homes sold during the month of June increased more than 7 percent while sales likewise climbed nearly 8 percent compared to June 2016, reports the Orlando Regional REALTOR® Association. Inventory continued its year-over-year slide but registered the smallest decline this year with 14 percent

Miami’s single-family home market registered its best May in history as total home sales, median prices, dollar volume, traditional sales and luxury transactions surged, according to a new report by the MIAMI Association of REALTORS® (MIAMI) and the Multiple Listing Service (MLS) system.

Orlando home sales increased 14 percent in May compared to May of 2016 while the median price jumped 7.4 percent, reports the Orlando Regional REALTOR® Association. Inventory continued its year-over-year slide and dropped by 16.8 percent, but a small relief was found in the 1.2 percent increase in the number of homes available in May compared to April.

Rising median prices and constrained inventory remained a prevailing trend in Florida’s housing market in April, according to the latest housing data released by Florida Realtors®. The trend resulted in a loss of momentum for home sales: Sales of single-family homes statewide totaled 23,829 last month, easing slightly (-1.2 percent) when compared to April 2016

Florida’s housing market reported more closed sales, higher median prices and more pending sales during the first quarter of 2017, according to the latest housing data released by Florida Realtors®. Closed sales of single-family homes statewide totaled 60,733 in 1Q 2017, up 5.1 percent over the 1Q 2016 figure.

Ten industry leaders, including an American Dream Miami consultant, will discuss the state of South Florida commercial real estate at the fifth annual MIAMI Association of REALTORS® (MIAMI) Realtors Commercial Alliance (RCA) Midyear Update. More than 100 MIAMI members will attend the event Friday at the Coral Gables Country Club.

Orlando home sales declined 4 percent in April compared to April of 2016, in large part the result of sustained declines in the number of homes available for purchase. Orlando’s skimpy inventory also continued to push prices upwards, with the area’s year-over-year median home price again hitting a double-digit increase.

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Colombia continues to lead all foreign countries searching for South Florida real estate, according to new data from the MIAMI Association of REALTORS® (MIAMI). The South American nation finished as the top international country using MIAMI’s search portal, www.Miamire.com, in May 2016. Colombia has now led the rankings for six consecutive months

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Seasons Greetings from your MIAMI Leaders and theMIAMI Professionals. We wish you and your family the most wonderful Holiday Season and want to take this opportunity to say; We are so grateful that you are our members!